pension

  1. S

    Pensions Where to Start

    Hi Folks, I need to get started on a Pension here in Ireland I know dropped the ball here a bit; but looking for advice on companies options etc. I spent a large number of years in Australia and only returned 3 years ago and the whole pension scheme here seems a bit confusing or else I just...
  2. M

    Buy second property as my pension?

    Quick question, we have a mortgage and owe about 50% still to the bank, my OH was made redundant a few years ago so have a few bob saved. He is now back working full time, im a stay at home parent with a long term illness on social welfare with no pension. We are considering using our savings to...
  3. F

    30yo - pay off mortgage or pension

    Hi all, Age:. 30 Spouse’s/Partner's age: 30 Annual gross income from employment or profession: 40,000 Annual gross income of spouse: 35,000 Monthly take-home pay: 2500 + 2300 Type of employment: e.g. Civil Servant, self-employed: private sector In general are you: (a) spending more than you...
  4. F

    What (if anything) Should I Change?

    Age: 31 Spouse’s/Partner's age: 32 Annual gross income from employment or profession: 130k (100k salary with approx 30k in bonus and shares) Annual gross income of spouse: 50k (took a decent pay decrease recently but long term will be higher) Monthly take-home pay: not 100% sure but probably...
  5. A

    Greenan Open Fund investment

    Hi, I've recently changed job and had to do something with my pension from my previous company. I wanted something not very risky and my financial advisor recommended putting it all into the Greenman open fund j series. I've no knowledge of investments so am very much been guided by him on...
  6. M

    Irish banking exposure to CLOs and impact on pensions/investments

    Hi, I read an article in The Atlantic yesterday titled The Looming Bank Collapse. It's focus is on the American banking system and it's exposure to these collateralised loan obligations (CLO) and how they are very similar to collateralised debt obligations (CDO) which had a large part to play in...
  7. M

    Take control of my pension now?

    Hi, 38 year old who is thinking about taking control of his pension. The pot is currently 100% invested in a passive global equity fund. I had planned to take control of it before I turn 41, and stay passive, as otherwise it will automatically move to more expensive managed funds from then on...
  8. O

    Can I get both UK and Irish state pensions?

    UK citizen, moved to Dublin just in time for lockdown. I already have enough British NI contributions to get a pension but would have to keep paying my voluntary stamp to get the full amount. This will be my first year of paying into the Irish system. I just have the usual predictable questions...
  9. F

    Single Scheme Pension - Do I need 47 years service to get full pension?

    Age:25 Salary: €50,000 approx Joined service in 2016 age 21. Just some background, I joined the civil service in 2016 and I'm now in a middle management role 4 years later. Over the last week or so I've been looking into the Single Public Service Pension Scheme (introduced in 2013). It would...
  10. D

    Personal Retirement Bond/Buy Out Bond & approaching 50

    Hi All, I'm 47. I moved employment 2 years ago from a position where I was a company director. I contributed to two pension funds during this employment. The value of the 2 pension funds now is about 900k. I stopped contributing to them when I left the job. Since then, the company closed down...
  11. M

    State Pension 67 in 2021, 68 in 2028

    I see noises in the news about the anger people feel about the increase in age for retirement with 67 becoming the age for receipt of state pension from 2021 and by 2028 to be 68 Is it at all likely these plans will be postponed : is there enough public opinion to sway the decision? I mention...
  12. M

    Invest in Low Cost Funds Or A Pension

    Hi, My wife has a lump sum to invest and currently has a very small pension and will have no claim to state pension. She recently received redundancy and has a lump sum of ~€100k. She is not working in 2020 so cannot invest in pension or AVCs through payroll tax-free this year. Age 44. I...
  13. F

    Non-standard PRSA vs Personal Pension (& list of general pension questions)

    Here's my situation: I usually work as a contractor (so I switch between jobs every 1 to 5 years). I have to sort out my own pension. Every so often I become a full time employee and hence get an occupational pension. Any time I leave the full time position I would like to roll the money from...
  14. N

    Should i buy 6 years of uk pension contributions

    Hi. I worked in the UK for 4ish years and HMRC have confirmed I can buy contributions to get me to 10 years of cons (and thefore become eligible for low rate of pension) for about 4200 euro. I need to make the payment by April 2023. I understand having this pension is worth about 50 a week at...
  15. M

    Should I go ahead with this Standard PRSA offer?

    Hello, I will turn 46 early next year. For almost three months now, I have been trying to find a pensions scheme to join to start saving for my retirement. Late, I know, but this is how it worked out. Before I found the current financial advisor, recommended by a colleague, I have been...
  16. M

    Retirement plan

    Retire early when rental property is paid off But wait until normal retirement age to draw down private pension And get the state pension then also Current rental income 1800 But obviously it will increase over time 1800 could be tight but manageable
  17. B

    Employer Contributions (Occupational Pension Scheme)

    Regarding employee income (Schedule E), aged 35, there is a limit of 20% of net relevant earnings (capped at €115,000) which can be paid into a occupational pension scheme with a relief at the marginal rate of tax. If the employer also makes contributions to the employees occupational pension...
  18. V

    Pension for my wife

    Probably a stupid question but wondering what if anything can be done please. We are a couple of 40 year olds. Mortgage is paid off. Have savings. Wife is staying home to rear kids. She has no pension. I have a pension with work and am paying the max for my age. Is there anything we can do for...
  19. G

    Can I take all my pension pot in one go

    I'm 57 years of age, from Ireland but live in the UK. I have 3 small pensions in Ireland: €2000, €4000 and €34,000. I have a pension fund in the UK worth £400,000. I'm considering retiring in 3 years and will have to live off my private pension until the state kicks in. Do the pension rules in...
  20. C

    Self employed pension

    Hi there, I would really appreciate some advice Age:42 Self employed Started Executive Pension Plan with Zurich in 2011 with broker Paused pension in 2017 due to maternity leave I will be earning a very modest income yet to be determined as self employed, in lower tax bracket. I have started...
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